![]() The revaluation rate is determined by TURKSTAT at the beginning of November every year with the announcement of the inflation rates for October. The Revaluation Rate refers to the average price increase rate in the General Index of Producer Prices (PPI) compared to the same period of the previous year before October of the year to be revalued. ![]() The Revaluation Rate is calculated according to Article 298 of the Tax Procedure Code. The President did not use his authority to reduce taxes or penalties by half of the revaluation rate or to increase them up to more than 50 percent. ![]() The passport fee for 4-10 years was 1,478.30, while it was 3,295.57 as of the new year. While the passport fee for 3 years was 1,049.00, it became 2,338.54 as of the new year. While the passport fee for 2 years was 738.40, it became 1,646.12 as of the new year. The difference between them may be 556.01 TL. While the passport fee for 1 year was 452.30, it was 1,008.31 as of the new year. While the passport fee for up to 6 months was 309.40, it became 689.75 as of the new year. (e-ikamet residence permit id card fee has increased from 160 TL in 2022 to 350 TL in 2023). While the regulation of passport fees came with the new year, there was an increase in fees of about 123 percent. One of the services that experienced the highest increase was the passport. Hikes started to be determined in the first days of 2023. The revaluation rate was set at 123 percent this year, but because the President did not use his authority to reduce the rate, the 4-10-year passport fee increased from 1.478 TL to 3.295 TL.” Turkey iResidence, “The passport fee has been increased by 123 percent as of January 01, 2023. HOW MUCH WILL THE PASSPORT FEE BE IN 2022? A JAW-DROPPING RAISE FOR THE PASSPORT FEE! Revised December, 2023 – Resource, Turkey iResidence
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